Dear Esteemed Stakeholders,
The year 2023 was a milestone year for our company, Konfrut. It was a year in which we celebrated the 100th anniversary of our Republic and took concrete steps in our transformation journey from a food company with a single factory of over fifty years into Turkey’s most innovative agriculture and agribusiness company.
Konfrut AG, which we established with the mission of “Agri Sourcing Redefined” to produce solutions to the needs of the agricultural sector and bring a new breath based on our experience, has achieved significant growth and development in a short time. Our country’s almost unlimited growth potential, which is a strong agricultural country, was also effective in this development of Konfrut AG, which is a 100% subsidiary of our company.
In 2023, Konfrut achieved a turnover of TL 4.3 billion on a consolidated basis, contributing to the growth in agricultural operations. It made a strong profit by increasing its net profit by 177% to TL 155.2 million. During this period, a total investment of TL 108.7 million was made on a consolidated basis.
At Konfrut AG, which has structured its operations under three main business units as Agri Sourcing, Logistics and Industry, we design projects and realize our investments by evaluating the opportunities we see under each of these business units. As Konfrut, we continued to conduct projects to add value to the sector without slowing down in 2023.
Hundreds of farmers from various regions continue to collaborate on the Organic/ Residue-Free Strawberry Products from Field to Table project within the scope of Sustainable Agriculture, which is Turkey’s largest organic strawberry planting initiative. This project offers a regular source of income to the region’s people and increases their welfare. More than 14 thousand tons of strawberries have been harvested so far, providing farmers with all the necessary opportunities for strawberry production.
The domestic and international sales volume in the fresh fruit and vegetable trade channel has increased. Fresh product exports, which began with fresh pomegranates a year ago, continued with various fresh products in 2023. Consumers in many locations, from Germany to India, have received fresh products from Konfrut AG. Exporting began under the brand Wunder Fresh, created for the expanding fresh fruit and vegetable operations.
Konfrut is a supporter of sustainable tea farming. In 2023, Konfrut invested in a new pelletizing line at the Tea Fiber Pelletizing Plant, which began operations last year in the İyidere district of Rize, a pivotal location in tea agriculture in the country. With tea fiber pelletizing operations that contribute to the circular economy, Konfrut is at the top of the chain in the domestic production of tea extract used in the tea industry, a significant portion of which is imported from abroad. Konfrut contributes to the country’s economy by preventing imports with the tea fibers brought into the economy.
Konfrut AG respects farmers’ efforts while growing products. The products are harvested with modern methods and carefully transported in specially designed fiber pools suitable for food transportation through an innovative transportation method called Fiber-K. In 2023, Konfrut continued investments in fiber pools and modern agricultural equipment, making an investment of TL 22 million. Thus, the number of fiber pools reached 210. Konfrut will continue investments in logistics to increase capacity in the coming period.
Konfrut recognises that the agricultural sector, often perceived as static due to its traditional nature, is actually playing a vital role in technological change. Konfrut is digitalising all agricultural operations from start to finish, setting an example for the sector with the projects it has implemented.
As Konfrut Gıda’s Board of Directors, an important decision was made in December 2023. By establishing Konfrut AG, the aim is to lead agricultural transformation with technology and sustainable practices. The future focus of the company is now entirely on the agricultural sector. By utilizing resources correctly, successful projects will be executed together in this sector, which has high development potential to benefit the country and society. Moving rapidly toward these goals, gratitude is extended to the employees, farmers, investors, and all business partners for their valuable contributions.
Konfrut’s Board of Directors